Stock of the Day – Financial Technologies

Financial Technologies, a stock which was a favorite of investors has long lost its appeal among investors with the stock long before the National Spot Exchange drama unfolded. But with there being talk of restructuring of both FT and MCX being in the news, the stock has catapulted in recent days with the stock showing a gain of 77% in this month alone.

While the rise appears astronomical, when one looks at the longer term charts, the move is nowhere as spectacular with there being a lot of area to cover.




About Prashanth

Have been a full time participant in the stock markets since 1996. Run a Yahoo Group where focus is exclusively on discussions of the Indian Markets using Technical Analysis as the tool (
This entry was posted in Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s